The Seoul Central District Court’s Civil Division 50 dismissed FIFTY FIFTY’s request to suspend their exclusive contracts with Attrakt.
FIFTY FIFTY claimed that they could no longer continue exclusive contracts due to Attrakt’s violation of the obligation to provide settlement data transparently and faithfully, violation of the members’ physical and mental health care obligations and lack of support for entertainment activities. Attrakt countered by alleging that external forces attempted to lure the members. FIFTY FIFTY’s legal representative emphasized that the members made independent decisions with their parents’ consultation and assistance, accusing Attrakt of not addressing the contract violation claims properly and damaging the members’ reputation.
Despite FIFTY FIFTY’s efforts to prove contract breaches, irregular financial dealings and lack of proper management by Attrakt, the court ultimately rejected the group’s injunction request, allowing Attrakt to retain control.
FIFTY FIFTY’s legal representative expressed their intention to consult with the members and decide whether to appeal the court’s decision.
Meanwhile, netizens expressed their antipathy against FIFTY FIFTY.
One netizen wrote, “I feel like FIFTY FIFTY has done everything Koreans hate. They stabbed a CEO who is over 60 years old in the back. The CEO (who was sued by the members) sold a 10-year-old Rolex watch and a car to invest in the group. He liked them so much that he thought of them like his daughters, helped them study English and bragged that they read books a lot.”
They expressed bitterness, “He released a music video for each of the songs in the album. There are music videos for all four songs. The dorm also has 3 rooms and 2 bathrooms. There are many cases where even large agencies can’t do that…”
Source: Daum
